Analysts

What the analysts say

Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts. 

Broker

Analyst

Recommendation

Target

Date

ABN AMRO ODDO

Lotte Timmermans
Outperform
EUR 4.30
11 Feb 2021

Bank of America

Najet El Kassir
Buy
EUR 4.20
29 Jan 2021

Barclays Capital

Marco Limite

OW

EUR 4.30

3 Mar 2021

Berenberg

Conor Dwyer

Hold

EUR 3.60

8 Mar 2021

De Groof Petercam

Frank Claassen

Buy

EUR 4.00

22 Jan 2021

ING

Marc Zwartsenburg

Buy

EUR 4.35

22 Jan 2021

Jefferies

David Kerstens

Buy

EUR 4.50

5 Feb 2021

KBC Securities NV

Thomas Couvreur

Buy

EUR 3.90

1 Mar 2021

KeplerCheuvreux

André Mulder

Hold

EUR 2.85

4 Nov 2020

UBS

Ivar Billfalk-Kelly

Buy

EUR 3.60

4 Feb 2021

the IDEA!

Henk Slotboom

-

-

-

Adjusted on 8 March 2021/16:47

Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.

Consensus

CONSENSUS PRE Q4 20204Q20 EFY20 EFY21 E
February 2021consensusconsensusconsensus
Revenue
Parcels6022.0222.107
Mail in the Netherlands5451.7121.643
PostNL Other25102100
Intercompany-156-587-587
Revenue total1.0193.2533.234
Normalised EBIT
Parcels75209210
Mail in the Netherlands829684
PostNL Other-22-65-84
Total normalised EBIT135240208
Adjusted free cash flow137241190
Free cash flow82185174
Volume growth Parcels29.6%19,2%6,0%
Volume decline addressed mail NL0.2%9.6%8.9%
based on estimates of 12 analysts